Dewan Housing Finance Corp. (DHFL) was established in 1984 by Rajesh Kumar Wadhawan as a financial company for providing loans for the purpose of construction of houses.
The mission of the Dewan Housing Finance Corp. is to provide housing loans to consumers at reasonable terms and affordable rates. DHFL provides an easy access to housing loans for the middle and the lower income group of people in India. In the beginning, the company gave out the loans from its equity capital and the rate of return on equity was 8% when the interest rate was 18%.
Vision of the Dewan Housing Finance Corp:
To change the living standard of the Indian households by providing the access to the ownership of homes
Mission of the Dewan Housing Finance Corp:
- To provide easy access to all the Indian for the ownership of a home
- To understand the consumer's needs
- Improve the credit policies on a continuous basis to provide the maximum number of people with the loans
- To formulate methods to help the customers in difficult times
- To have an extensive network by spreading it all over the country
- To respond all of the queries and questions of the customers
Products offered by the Dewan Housing Finance Corp:
- Mortgage Loan
- Home Loan
- Home Loans for NRI's
- Home Improvement Loan
- Home Extension Loan
- Non Residential Property
- Plot Loans
- Reverse Mortgage
- Home Loan Linked Insurance Plan
- Sampoorna Rakshak
- Amar Chhaya
The Management body of the Dewan Housing Finance Corp:
- Shri Rakesh Kumar Wadhawan, Chairman
- Shri Kapil Wadhawan, Vice Chairman & Managing Director
- Shri Sarang Wadhawan, Director
- Shri R.P. Khosla, Director
- Shri Waryam Singh, Director
- Shri R.S. Hugar, Director
- Shri G.P. Kohli, Director
- Shri Ashok Kumar Gupta, Director
- Mr. Bikrum Sen CEO, DHFL
- Mr. Rajeev Sathe COO, DHFL
Awards won by the Dewan Housing Finance Corp:
- SRS Real Estate & Infrastructure Award for National Excellence in 2007
- Award of Appreciation by the Maharashtra Chamber Of Housing Industry 2007
- Best Customer Service HFI's Property at the 5th Housing And Real Estate Exhibition